NVIDIA Shares Drop 5%! Trader CBB Doubles Down with $15.8M Short Position

On February 27, market volatility spiked as NVIDIA shares dropped nearly 5% after US markets opened, hitting a low of $184, down more than 9% from the previous day's high.

During this downturn, veteran crypto trader CBB significantly increased short exposure. The NVDA short position grew from $5.9M to over $15.8M. With the stock price falling, the position has now turned profitable, showing an unrealized gain of approximately $310K at 3x leverage, with an average entry price of $190.3.

Inside Trader CBB's Strategy

A well-known crypto figure with around 100K followers on X (formerly Twitter), CBB gained attention for orchestrating high-profile 'whale hunts' against BTC short sellers. Now actively trading commodity futures on Hyperliquid, the trader focuses primarily on short-term bearish strategies with strong market timing signals.